Consumer Bankruptcy Law and Practice: 15.2.2.2 Intentional Concealment, Transfer, or Destruction of Property—11 U.S.C. § 727(a)(2)
Probably the most common objection to discharge is that the debtor has intentionally transferred43 or concealed assets44 in order to prevent creditors from obtaining access to them in bankruptcy.45 This blatant type of fraudulent conduct strikes at the very heart of the bankruptcy law, defeating its purpose of distributing nonexempt property to creditors.